Wednesday , June 12 2024

Africa

Africa Loses Shine in Global Mining Investment Race

Africa’s once-promising allure for mining exploration has dimmed considerably, according to the latest Fraser Institute Survey of Mining Companies. The continent now houses the most jurisdictions ranked at the bottom of the global attractiveness index, raising concerns about policy uncertainty and environmental regulations. While rich in mineral wealth, numerous African …

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Seriously safe boots for the mining industry

With Africa holding 30 percent of the world’s mineral reserves, the industry is poised for further investment as operations scale across the continent, notably in Southern and central Africa. Bata Industrials South Africa, a South African-based safety shoe manufacturer, believes in the need to begin with the basics of a …

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Atlantic Council’s Africa Centre Unveils Revolutionary Critical Minerals Initiative at Mining Indaba

The Africa Centre of the Atlantic Council is embarking on an innovative three-year programme dedicated to critical minerals in Africa. With Africa housing 30% of the world’s critical-mineral reserves, the continent assumes a pivotal role in twenty-first-century supply chains, especially for electric vehicles, lithium batteries, cellphones, medical scanners, and military …

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Mining industry urged to invest in ‘disruptive’ digital technology

Digital technology stands to add significant value to the mining industry in terms of exploration, project evaluation, mine design, operations, closure, and post-closure phases. This is the view of Heinrich Jantzen, Senior Mining Advisor at Zutari. The leading consulting engineering and infrastructure advisory firm will be present at Mining Indaba …

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Winder Controls celebrates 50 years of innovation

Supporting innovation and focusing on the agile provision of solutions to its clients has ensured the ongoing success of shaft-hoisting specialist Winder Controls. This has led to a large installed base in multiple countries, with significant growth from our humble beginnings 50 years ago, says MD Tim Keegan. Winder Controls …

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The critical role of zinc to protect and futureproof wastewater treatment plants

Zinc coatings are an effective corrosion protection method for wastewater treatment plants as they are compatible with a range of metal materials when coated onto steel. It is resistant to various corrosive agents present in wastewater, provided it is duplex coated with a powerful organic coating. Zinc can withstand high …

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Competition in African gas sector heightens

Slow development of gas economy in South Africa may push investors into other investment addresses. Wayne Lindecke, engineering consultant WSP power generation director said developers may focus their attention on other parts of Africa or other parts of the world where similar opportunities exist if South Africa does not speed …

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Companies sell ETFs as gold underperforms

The international gold exchange-traded fund (ETF) market is suffering, owing to the poor performance of the gold price in 2013, the South Africa-based investment banking division of Barclays Africa exchange traded products head Vladimir Nedeljkovic said. He says, while gold ETFs in South Africa have remained static, as investors are keeping …

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AfDB reiterates warning on carbon border tax

The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …

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Commonwealth action group launched to help African countries cut methane emissions

A new action group intends to help Commonwealth countries, including African member states, rapidly cut emissions of the potent greenhouse gas methane as part of wider efforts to keep rising global temperatures within liveable limits. The country-led coalition was announced at a ministerial event on the margins of the United …

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